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Methuen Town 01844
2 Conrad Street
$411,000
● House - Off Market

2 Conrad Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,319 Ft²
$585,036
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Enjoy this wonderful 3 bedroom, 2 bath Ranch that gives you so much space. Step into the kitchen off the oversized heated sun room, a  great space to relax and unwind. A  spacious dining room that opens to the  large living room with wood burning fireplace, affords great space for larger gatherings. A master bedroom, two additional bedrooms, and a family bath finish this space. If you are in need of more living space, the partially finished walk out basement offers an additional room that may be used as a guest bedroom or play room, a 3/4 bath, and home office complete this level. This home includes a detached one car garage and fabulous outdoor space that will accommodate lots of outdoor seating. Add the in ground pool that the whole family will love all summer long and start enjoying your new home!
Unit Size
2,319 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$172
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72501587)

Price History

Date / Event Date Event Price
Aug 15, 2019 Sold
Premium
Sold
May 16, 2019 Listed by RE/MAX On the River, Inc. $399,000
Listed by RE/MAX On the River, Inc.
Dec 30, 2009 Sold
Premium
Sold
Jul 6, 2009 Listed by RE/MAX On the River, Inc. $269,900
Listed by RE/MAX On the River, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,344
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,437
  • Total Building Area: 2,352
  • Gross Building Area: 3,134
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND METHUEN
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 1084
  • Parcel: METH M:00516 B:00152 L:00021A
  • Block: 152
  • Lot: 21A
  • Municipality: METHUEN
  • Latitude: 42.7109
  • Longitude: -71.2097

    Address

  • Full Address: 2 Conrad St
  • Address - House Number: 2
  • Address - Street Name: Conrad
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2712
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $521,000

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 526,584
  • High Value: 625,576
  • Low Value: 427,591

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,300
  • Assessed Land Value: $169,100
  • Assessed Improvements Value: $276,200

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19361
  • Previous Sale Recording Date: Dec 30, 2009
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 years

Currently For Sale

74 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72501587

Frequently Asked Questions

When was property at 2 Conrad Street built and last sold?
The property at 2 Conrad Street was built in 1952 and last sold on Aug 13, 2019 for $411,000.
How much is this home worth?
The estimated value of the home located at 2 Conrad Street is $418,070.
What are some comparable homes to 2 Conrad Street?
There are currently no comparable homes to 2 Conrad Street.
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